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ManjeetSandhu
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Asked: 2022-03-28T10:34:25+00:00 In:

If a perfectly competitive firm is in equilibrium in short run, then it earns super normal profits when

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Poll Results

16.67%(i) AR = AC ( 1 voter )
16.67%(ii) AR = Price ( 1 voter )
16.67%(ii) AR = Price ( 1 voter )
50%(iii) AR > AC ( 3 voters )
Based On 6 Votes

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I am practicing the multiple choice questions for class 12th Economics exam from NCERT solution of economics. Where I didn’t get any answer for this question. I think this type question could come in exams.

class 12 economicsmacro economics class 12
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    1. This is the right answer (iii) AR > AC

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